Presented in conjunction with The Melbourne Law School
Intellectual Property and the Business of Innovation
Bill Ferris AC – Chair, Innovation and Science Australia board
Against the backdrop of over a quarter of a century of uninterrupted growth, and stock markets posting new multi-year highs, it is tempting to conclude that Australian business is in great shape. However, underlying these statistics is a disturbing downward trend in business investment in R&D, and continued lacklustre patenting activity by Australian firms. Meanwhile, on the international scene (and notably not just in the US), we are observing double digit growth rates in platform-based businesses built around breakthrough new technologies. It is also significant that these firms have built up vast intellectual property estates which form a key part of their competitive advantage. In this talk Mr Ferris will explore some of the challenges that he believes Australian firms will need to overcome if they are to compete effectively in the decade to come, and the role that intellectual property can play in assisting them. For further details please see flyer.